Economic News
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UK construction sector slows as housing activity drops
Thursday 04 Jul 2024
(Sharecast News) - Growth in the UK construction sector eased by more than expected in June due to a renewed fall in housing activity, according to a purchasing managers' index released by CIPS and S&... Read More
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UK new car registrations hit 'million motors' mark in H1
Thursday 04 Jul 2024
(Sharecast News) - More than 1.0m new motorcars hit British roads throughout the first six months of 2024 for the first time since the Covid-19 pandemic, according to the Society of Motor Manufacturer... Read More
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Eurozone construction sector sees output slump - PMI
Thursday 04 Jul 2024
(Sharecast News) - The Eurozone's beleaguered construction sector reported another sharp decrease in output in June, a closely-watched survey showed on Thursday. Read More
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US private sector adds fewer jobs than expected in June - ADP
Wednesday 03 Jul 2024
(Sharecast News) - Private sector employment in the US rose less than expected in June, according to figures released on Wednesday by ADP. Read More
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Election uncertainty weighs on UK service sector - PMI
Wednesday 03 Jul 2024
(Sharecast News) - The pace of growth in the UK service sector softened in June, a closely-watched survey showed on Wednesday, weighed down by the forthcoming general election. Read More
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Economic growth softens in Eurozone - PMI
Wednesday 03 Jul 2024
(Sharecast News) - Growth in the Eurozone softened in June, a closely-watched survey showed on Wednesday, as a resurgent services sector failed to offset the slump in manufacturing. Read More
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China service sector growth eases to eight-month low - Caixin
Wednesday 03 Jul 2024
(Sharecast News) - Growth in China's services sector eased to an eight-month low in June, according to data released on Wednesday. Read More
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UK shop price inflation falls to 32-month low
Tuesday 02 Jul 2024
(Sharecast News) - The annual growth in prices at UK tills slowed significantly in June, according to the latest shop price index released by the British Retail Consortium (BRC) and NielsenIQ. Read More
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Air France-KLM warns of revenue pressure from Paris Olympics
Monday 01 Jul 2024
(Sharecast News) - Air France-KLM Group warned of revenue pressure over the summer on Monday, as a direct result of the Paris Olympic Games. Read More
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UK mortgage approvals dip in May
Monday 01 Jul 2024
(Sharecast News) - UK mortgage approvals dipped in May as higher mortgage rates continued to take their toll, according to data released on Monday by the Bank of England. Read More
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UK manufacturing growth slows in June
Monday 01 Jul 2024
(Sharecast News) - Growth in the UK manufacturing sector slowed slightly in June, according to a survey released on Monday. Read More
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UK house price growth broadly stable in June - Nationwide
Monday 01 Jul 2024
(Sharecast News) - UK house price growth was broadly stable in June, according to data released on Monday by Nationwide. Read More
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Inflation eases in Spain and Italy
Friday 28 Jun 2024
(Sharecast News) - The rate of inflation eased in two of the eurozone biggest economies in June, preliminary country data showed on Friday. Read More
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UK economy grows faster than first estimated in Q1
Friday 28 Jun 2024
(Sharecast News) - The UK economy grew faster than first thought in the first three months of the year, according to data released on Friday by the Office for National Statistics. Read More
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Turkey's central bank keeps rates at 50%
Thursday 27 Jun 2024
(Sharecast News) - Turkey's central bank has left a key interest rate on hold, it was confirmed on Thursday, as it focuses on cooling surging inflation. Read More
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Eurozone sentiment unexpectedly softens
Thursday 27 Jun 2024
(Sharecast News) - Economic sentiment across the Eurozone unexpectedly softened in June, a closely-watched survey showed on Thursday. Read More
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Riksbank stands pat on rates, signals up to three more cuts this year
Thursday 27 Jun 2024
(Sharecast News) - Sweden's central bank held its key interest rate at 3.75% on Thursday, as widely expected, and said that monetary policy should be adjusted "gradually". Read More
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UK retail sales slide in June - CBI
Wednesday 26 Jun 2024
(Sharecast News) - UK retail sales fell in June, an industry survey showed on Wednesday, reversing May's short-lived uplift. Read More
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EU calls Microsoft's bundling of Teams 'abusive'
Tuesday 25 Jun 2024
(Sharecast News) - The European Union (EU) accused Microsoft of violating competition regulations on Tuesday, through the "abusive" bundling of its Teams and Office products. Read More
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Getir shareholders reportedly approve company's split
Monday 24 Jun 2024
(Sharecast News) - Shareholders of Turkish rapid grocery delivery giant Getir have endorsed a major restructuring plan that would see it split into two separate entities and receive a significant capi... Read More
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